INNOVATE Corp. (VATE) Q1 2025 Earnings Call Transcript

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INNOVATE Corp. (NYSE:VATE) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET

Company Participants

Anthony Rozmus – Investor Relations
Paul Voigt – Interim Chief Executive Officer
Mike Sena – Chief Financial Officer

Conference Call Participants

Operator

Good afternoon. And welcome to INNOVATE’s First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. After prepared remarks and presentation, there will be a question-and-answer session. Please note this event is being recorded.

I would now like to turn the conference call over to Anthony Rozmus with Investor Relations. Please go ahead.

Anthony Rozmus

Good afternoon. Thank you for being with us to review INNOVATE’s first quarter 2025 earnings results. We are joined today by Paul Voigt, INNOVATE’s Interim CEO; and Mike Sena, INNOVATE’s CFO. We have posted our earnings release and our slide presentation on our website at innovatecorp.com. We will begin our call with prepared remarks to be followed by a Q&A session. This call is also being simulcast and will be archived on our website.

During this call, management may make certain statements and assumptions which are not historical facts, will be forward-looking and are being made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks, assumptions and uncertainties and are subject to certain assumptions and risk factors that could cause INNOVATE’s actual results to differ materially from these forward-looking statements. The risk factors that could cause these differences are more fully discussed in the cautionary statement that is included in our earnings release and the slide presentation and further detailed in our 10-K and other filings with the SEC.

In addition, the forward-looking statements included in this conference call are only made as of the date of this call and are stated in

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